Banks Are Fighting To Block Stablecoin Yield and Why That's Bullish with Sean Kelley
Banks are actively fighting to block yield-bearing stablecoins because they know what's coming.We sit down with Sean Kelley, VP at Frax, to cover how frxUSD is bridging DeFi and TradFi, why RWA looping is attracting institutional capital, and what the GENIUS Act means for stablecoin payments.We cover:- Why Banks Are Terrified of Yield-Bearing Stablecoins- The RWA Looping Strategy Institutions Are Racing Into- How frxUSD Is Backed by Multiple RWA Issuers- The GENIUS Act's Real Impact on Stablecoin Competition- ATW's $50M Bet on frxUSD- Frax's Play to Cross the TradFi ChasmThe…
The skinny
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